Is the Market Sell-off Going to Continue?

October has been tough on equity markets this year. 

For example, the S&P 500 opened to a sea of red this past early last week.

 

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McDonald's was one of the few green spots on that heat map.  Which reminds me, Mickey D's is becoming a little more modern by adding online and touchscreen ordering.

For some context, the S&P is on pace for it's worst sell-off since 2010 … while the NASDAQ hasn't been hit like this since post-Lehman in 2008. 

Is it a correction or a blip?

Historically, midterm elections inspire uncertainty among investors that dissipates quickly as soon as they're over. Once that uncertainty is resolved, the S&P gains an average of 31% the following year.

Markets exist to trade … and confusion is a primary catalyst.  As such, many people believe the market will rally … while others believe that the traditional midterm effect could be blunted

For all the confusion in today's society, it's good to see that some things don't change.

Onwards.

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